In order for fiber optic sensors to compete with electrical sensors, several critical parameters need to be addressed such as performance, cost, size, reliability, etc. Relying on technologies developed in different industrial sectors helps to achieve this goal in a more efficient and cost effective way. FAZ Technology has developed a tunable laser based optical interrogator based on technologies developed in the telecommunication sector and optical transducer/sensors based on components sourced from the automotive market. Combining Fiber Bragg Grating (FBG) sensing technology with the above, high speed, high precision, reliable quasi distributed optical sensing systems for temperature, pressure, acoustics, acceleration, etc. has been developed. Careful design needs to be considered to filter out any sources of measurement drifts/errors due to different effects e.g. polarization and birefringence, coating imperfections, sensor packaging etc. Also to achieve high speed and high performance optical sensing systems, combining and synchronizing multiple optical interrogators similar to what has been used with computer/processors to deliver super computing power is an attractive solution. This path can be achieved by using photonic integrated circuit (PIC) technology which opens the doors to scaling up and delivering powerful optical sensing systems in an efficient and cost effective way.